Regulation 29 - Investment advice in publicly accessible media - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014

Investment advice in publicly accessible media. 29. (1) A foreign portfolio investor, or any of its employees shall not render directly or indirectly any investment advice about any security in the publicly accessible media, whether real-time or non real-time, unless a disclosure of his interest including long or short position in the said security has been made, while rendering such advice. (2) In case, an employee of the foreign portfolio investor is rendering such advice, he shall also disclose the interest of his dependent family members and his employer including their long or short position in the said security, while rendering such advice.